May 5 (Reuters) - Hardwoods Distribution Inc HDI.TO :
* HDI ANNOUNCES FIRST QUARTER 2020 RESULTS AND PROVIDES COVID-19 BUSINESS UPDATE
* HARDWOODS DISTRIBUTION INC - QUARTERLY SALES OF $325.1 MILLION
* HARDWOODS DISTRIBUTION INC - INCREASED Q1 SALES BY 13.2% YEAR-OVER-YEAR
* HARDWOODS DISTRIBUTION INC- QTRLY EARNINGS PER SHARE $0.44
* HARDWOODS DISTRIBUTION INC - IN RESPONSE TO CHANGE IN DEMAND EXPERIENCED IN APRIL, CO TOOK ACTIONS, INCLUDING REDUCING ITS WORKFORCE BY 10%
* HARDWOODS DISTRIBUTION INC - EXPECTS TO ACHIEVE CASH FLOW BREAK-EVEN IN APRIL, EVEN BEFORE CONSIDERING CHANGES IN WORKING CAPITAL